Commodity Underinvestment to Lead to Supply Shock with Rick Rule
Interview Recorded - 29th of September 2023 On this episode of the WTFinance podcast I had the pleasure of speaking with Rick Rule - Former President & CEO of Sprott U.S. Holdings with decades of experience in the commodities business. During our conversation we spoke about what Rick is currently seeing in the commodity market, potential supply gap for many commodities, who will be the winners in this scenario, whether a supply shock can be prevented and more! 0:00 - Introduction 0:15 - What Rick is currently seeing in the commodity markets? 2:18 - Short term risk of recession followed by commodity bull market 3:38 - Is there a way to fill the supply gap? 5:11 - Positive impact of innovations 6:45 - Which commodities will have the worst supply/demand gap? 9:22 - Winners in battery, industrial and precious metals? 14:36 - Precious metals diversification for bonds? 19:17 - Gold and Silver to act similarly? 21:12 - One message to takeaway from our conversation? Rick began his career 47 years ago in 1974 in the securities business and has been involved in it ever since. He is known for his expertise in many resource sectors, including agriculture, alternative energy, forestry, oil and gas, mining, and water. In 1990, Rick founded the business now known as Sprott US Holdings” merging in into Sprott Inc. ( SII) in 2011. He retired from Sprott Inc., in 2021, and resigned from the board of directors in 2023, but remains Sprott’s largest shareholder. IMr. Rule is a sought-after speaker at industry conferences, and a frequent contributor to numerous media outlets including CNBC, Fox Business News and BNN. Mr. Rule is actively engaged in private placement markets, through originating and participating in hundreds of debt and equity transactions. Rick Rule - Twitter - https://twitter.com/RealRickRule LinkedIn - https://www.linkedin.com/in/rick-rule-1058921a/ Website - https://ruleinvestmentmedia.com/ Seminar - https://hopin.com/events/rick-rule-s-summer-investing-bootcamp-topic-tba-aa49dcf0-e168-4883-a761-c2ec78d84d77?utm_source=aff&utm_campaign=6 WTFinance - Instagram - https://www.instagram.com/wtfinancee/ Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4 Twitter - https://twitter.com/AnthonyFatseas
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